Indonesian Political, Business & Finance News

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Property as a Stable Investment Choice During War

Amid the Iran–US–Israel conflict triggering global volatility, property is frequently cited as a relatively stable asset compared with stocks. However, experts warn that property is not a liquid 'safe haven' like gold or the US dollar, though it can act as a hedge against inflation over the medium to long term. They note that the most resilient segments tend to be land in strategic locations or detached houses in mature areas, while highly leveraged or speculative properties stay vulnerable; the current crisis could still dent Indonesia's property sector through higher energy prices, rupiah weakness, higher interest rates, and softer investor sentiment.

Endless Excavations in Kalideres Cause Congestion, Residents Baffled by Ongoing Delays

Residents and road users in West Jakarta's Kalideres are frustrated by a PAM Jaya water-pipes project that has left five open excavations along Jalan Peta Selatan, narrowing the carriageway and worsening traffic. With no workers on site for about a month, locals urge the work be completed in stages to limit disruption.

Snatch Theft in Malaysia: Influencer Loses Handbag During Petrol Station Robbery

A Malaysian influencer known online as Cabi says her handbag was snatched by a motorcyclist while she refuelled at a Shell station in Puchong Jaya, Selangor. The incident, captured on video, left her injured after she fell; a bystander helped, and she filed a police report, though no arrest had been made at the time. The episode has sparked online debate about situational awareness and victim-blaming, underscoring public safety concerns in Malaysia.

Special Education Expansion in Singapore: Three New SPED Schools Planned by Early 2030s

Singapore's Ministry of Education unveiled plans to add three new SPED schools by the early 2030s to meet a projected 12,000 SPED students, about a 30% rise from today. The first new school, run by APSN Education Services, is due in the north‑east in the second half of 2026, with two more by the Autism Association Singapore and St Andrew’s Autism Centre, plus expansions of existing SPED campuses and digital upgrades via the Parents Gateway platform. MPs discussed broader measures including early screening, a national framework for identification, and strategies to support life after SPED education, underlining a shift toward inclusive, long‑term education and transition planning.

Lewotobi Laki-Laki Volcano Erupts in East Flores, Residents Urged to Keep 4-Kilometre Distance

Lewotobi Laki-laki volcano in East Flores, East Nusa Tenggara, erupted on Wednesday morning, 4 March, sending an ash plume about 800 metres above the summit. Authorities maintain Level II (Waspada) and urge residents within a four-kilometre radius to stay away while PVMBG and local agencies monitor the situation; warnings include possible lahars and respiratory hazards.

Maritime Security Drill in Singapore Strait: Indonesian Navy Conducts Integrated Combat Exercise

Indonesia’s Navy carried out an integrated sea-and-air combat drill in the Singapore Strait to bolster maritime security and readiness in one of the world’s busiest shipping lanes. The exercise involved KRI Surik-645 and maritime patrol aircraft P-8203 under Fleet Command I’s Sea Combat Task Force, emphasising enhanced naval-air coordination, air defense, and real-time surveillance. Officials said the training included communication checks, air-joining procedures and continuous evaluations, underscoring Indonesia’s commitment to regional security and stability of vital trade routes with Singapore and Malaysia.

Brace Yourself: Many Banks Queue for Large-Scale Mergers

The Indonesian financial regulator says numerous Bank Perekonomian Rakyat (BPR) are seeking consolidation to meet the single presence policy (SPP), leaving only a few lenders non-compliant. Recent mergers include four BPRs in East Priangan, West Java, and ongoing industry consolidation to bolster capital, competitiveness and resilience, with 2025 showing modest growth in assets and lending despite a shrinking number of BPR/BPRS.

Understanding Iran's Advanced Missiles Capable of Reaching All U.S. Bases and Israeli Territory

Following the death of Supreme Leader Ayatollah Ali Khamenei in a joint US-Israeli airstrike, Iran pivots from deterrence to existential resistance, with revenge framed as a duty and legitimate right. Lacking a modern air force, Tehran leans on what it claims is the Middle East's largest missile arsenal to strike Israel and US Gulf bases, while short- and mid-range missiles illustrate rapid launch and solid-fuel readiness.

BGN Does Not Bar Public from Documenting and Uploading MBG Meals Deemed Unfit

The National Nutrition Agency (BGN) says it welcomes public documentation of MBG meals classified as unfit, and urges precise location details to allow prompt follow-up. With 24,000 SPPG already operating and a target of 30,000, officials say monitoring relies on citizen reports, and penalties will apply to non-compliant kitchens.

Breaking News! IHSG Slumps 2.4% Fifteen Minutes After Opening

Indonesia's IHSG opened 2.40% lower at 7,746.21, continuing a downward trend as morning volumes picked up around Rp5.23 trillion. The session saw heavy activity in BUMI, GOTO and BMRI as gold-mining stocks weighed on the market; domestically, Eid-related stimulus measures and regulatory updates from OJK were highlighted to bolster consumption and align with MSCI requirements.

Mount Semeru activity remains dominated by explosive eruptions

Six-hour observation on Wednesday recorded 12 explosive/eruptive earthquakes with amplitudes 10-19 mm and durations 58-99 seconds, plus additional seismic events. PVMBG has kept Mount Semeru at Level III Siaga and issued safety radii: no activity within 13 kilometres southeast along Besuk Kobokan from the summit; within 500 metres of Besuk Kobokan riverside; and within 5 kilometres of the crater, due to risks of hazardous volcanic activity.

18 Students Collapse After Eating MBG in South Aceh; Police Investigate Suspected Poisoning

Eighteen students from PAUD to senior high school in Pasie Raja were hospitalised after consuming MBG meals. Authorities, including the police, are investigating suspected food poisoning linked to a kitchen run by SPPG Ujung Padang Asahan, with the kitchen temporarily halted as the inquiry continues. Further updates will be provided as developments occur.

Delaying Traffic System at Ports Enforced During Lebaran Homecoming

Indonesia's government will implement a delaying system and buffer zones to ease congestion at ferry ports during the 2026 Lebaran homecoming. The measure covers busy routes like Merak–Bakauheni and Ketapang–Gilimanuk, redirecting certain vehicle groups and using buffer zones from 13–29 March, with Nyepi-day sailings temporarily halted at several ports.

When Iran Was Attacked, Rp164 Billion in Crypto Flows Out of Local Exchanges

As Iran was subjected to US and Israeli strikes, crypto outflows from Iranian exchanges were observed, totaling about USD 10.3 million (around Rp164.8 billion) amid a spike in late February 2026; Nobitex saw particularly sharp outflows, underscoring growing use of digital assets amid sanctions and economic instability. In 2025, Iran's crypto activity is estimated at USD 8-11 billion, highlighting the asset class's rising role in the economy.

Revealed! Each US$1 Rise in Oil Price Costs Rp6.8 Trillion

Deputy Finance Minister Juda Agung said each US$1 rise in the Indonesian Crude Price could widen the deficit by about Rp6.8 trillion, with a Rp100 depreciation against the dollar and a 0.1% yield rise also impacting the deficit. The stress tests show the deficit remaining under 3 per cent of GDP, and the government is diversifying funding—issuing Euro- and Renminbi-denominated global bonds and strengthening domestic investment via Danantara—to bolster fiscal resilience.

China condemns US-Israel strikes targeting Iranian civilians

China condemned the US-Israel airstrikes on Iran, calling the protection of civilians in armed conflict a red line under international law. The strikes reportedly hit a school in Minab, killing up to 165 people, and prompted Tehran to retaliate with missiles against Israel and US targets in the region; Washington warned Americans to leave the Middle East amid rising tensions.

Jasa Marga’s net profit falls 19.4% to Rp3.65 trillion in 2025; reasons explained

Jasa Marga reported a net profit of Rp3.65 trillion for 2025, down 19.43% from Rp4.53 trillion in 2024. Revenue declined to Rp28.89 trillion, pressured by a sharp fall in construction income, but EBITDA rose to Rp13.3 trillion, underscoring resilience in toll revenue and other income. The group saw lower cost of revenue and financing costs, though tax expense jumped, and assets and liabilities grew alongside a 6% rise in equity.

Retirees’ THR 2026 Has Been Disbursed, Amounts by Grade

The government has begun disbursing the 2026 retirees' THR in stages from 26 February 2026, covering civil servants, active civil servants, PPPK, TNI soldiers, and police. The THR amount equals the monthly pension for each grade, with distribution details outlined by the National Civil Service Agency and expected to be completed early in Ramadan; beneficiaries are advised to check their bank accounts regularly.

DPR Commission III: MBG Budget Has Been Agreed and Is Now to Be Monitored

The chair of DPR Commission III said MBG funding for 2026 has been agreed with the government and parliament and will be overseen to prevent missteps. He argued the MBG inclusion in the education budget is justified, and that no higher-priority allocation has been cut, only inefficient and corruption-prone activities trimmed.

Grab and GoTo Agree to Double Raya Bonus; Here’s What Active Partners Will Receive

Grab and GoTo have doubled Raya Bonus entitlements for driver partners ahead of Idul Fitri 1447 Hijriah. Grab is allocating Rp 100–110 billion to more than 400,000 drivers, with top awards of Rp 850,000 for two-wheelers and Rp 1.6 million for four-wheelers, while GoTo is allocating Rp 110 billion across three partner tiers. The schemes distinguish Raya bonuses from THR and aim to support drivers’ households amid rising living costs and peak Eid spending.

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268,170
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1012
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1994-2026
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